Pinnacles Road Vernon, British Columbia V1B3M1

Listing Info

Name

Address

Pinnacles Road

Legal

Site Size

Sites

Income

$0

Price

$2,199,900

Status

Active

Description

An amazing opportunity to purchase two gems together at a discount price. These two properties are side by side, both located on Pinnacles rd. The 4 plex (Legal Tri-Plex with suite) and the Chalet income generator can be sold together. Please see mls 103283587 (4 Plex) & mls 10328648 (Chalet) for more detailed description. Chalet - Discover the ultimate alpine escape with this beautifully renovated property, offering an unbeatable combination of high revenue potential and low operating costs. This stunning home recently generated approximately $35,000 in just a few months, making it a lucrative opportunity for investors and vacation-home seekers alike. R1 zoning 4-Plex. Exceptional Income-Generating Investment Opportunity! Seize the chance to own this completely renovated 4-plex, legally designated as a triplex with an additional suite. This property offers a unique blend of modern upgrades and incredible earning potential. Fully rented with reliable long-term tenants through spring, it currently generates a robust rental income of $6,650 per month, ensuring immediate returns. The property is situated on a medium residential R3-zoned lot, unlocking incredible development opportunities. This zoning permits: Single-family and duplex builds: Up to 20 dwellings. subject to municipal approval). Townhome developments: Up to 40 units. subject to municipal approval). Apartment complexes: Potentially up to 100 units (subject to municipal approval). (id:6769)

Listing Broker eXp Realty (Kelowna)
MLS# 10328676